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New Deal


Announced

Completed

Atria Wealth Solutions completed the acquisition of SCF Securities.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Majority

Friendly

wealth management

Completed

United States

Asset Managers and Custodians

Domestic

Private

Single Bidder

Synopsis

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Atria Wealth Solutions, a multi-channel wealth management solutions holding company, completed the acquisition of SCF Securities, an independent wealth management firm. Financial terms were not disclosed. "Both companies believe in the criticality of the advisor-client relationship and making it easier for financial professionals to create deeper and more meaningful interactions with clients and prospects by delivering the best-in-class tools, technology, investment solutions, resources and services," Doug Ketterer, Atria CEO and Founding Partner.

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